Karatek International in Kennewick, Washington (WA)

Karatek International
Employer Identification Number (EIN)	263422144
Name of Organization	Karatek International
In Care of Name	Martin Gibbs
Address	3030 W Clearwater Ave Suite 220, Kennewick, WA 99336
Website	http://www.ktekint.org
Subsection	Charitable Organization
Ruling Date	04/2009
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	2008
Assets	$10,000 to $24,999
Income	$25,000 to $99,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$12,781
Amount of Income	$38,467
Form 990 Revenue Amount	$38,467
National Taxonomy of Exempt Entities (NTEE)	Philanthropy, Voluntarism and Grantmaking Foundations: Management & Technical Assistance

Non-representatives - add comments:

Amount of income in 2008: $38,467 (it was $61,718 in 2013)

This organization:	$38,467
Other organizations performing similar types of work:	$76,158

Assets in 2008: $12,781 (it was $12,304 in 2013)

This organization:	$12,781
Other organizations performing similar types of work:	$72,430

Expenses in 2013: $40,287

Karatek International:	$40,287
Other organizations performing similar types of work:	$60,747

Income to expenses ratio in 2013: 1.0

Karatek International:	1.0
Other organizations performing similar types of work:	1.0

Grants share in income in 2013: 92.0%

This organization:	92.0%
Other organizations performing similar types of work:	18.1%

Financial snapshot ($)

Revenue for 2013

Support schedule

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$50,958	$56,965	$61,718
Contributions, gifts, grants, and similar amounts received	$39,262	$49,669	$56,801
Program service revenue including government fees and contracts	$5,550	$7,142	$4,870
Membership dues and assessments	$0	$0	$0
Investment income	$11	$4	$4
Gain/Loss from sale of assets other than inventory	$1,088	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory	$5,047	$0	$0
Other revenue	$0	$150	$43
Total expenses	$44,135	$45,674	$40,287
Total net assets	$-37,300	$-26,009	$-4,578
Excess/Deficit for the year	$6,823	$11,291	$21,431
Net assets or fund balances at beginning of year	$-44,123	$-37,300	$-26,009
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$-26,009	$-4,578

	2011	2012	2013
Balance Sheets
Total assets	$10,608	$10,092	$12,304
Total liabilities	$47,908	$36,101	$16,882
Net assets or fund balances	$-37,300	$-26,009	$-4,578

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		Yes	No
Total amount involved		$14,500	$0
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
Public support	$318,853
Subtotal	$341,442
Gifts, grants, contributions, and membership fees received	$235,597
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	$105,845
Gross receipts from activities that are not an unrelated trade or business under section 513	$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
Less	$22,589
Amounts received from disqualified persons	$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support	$22,589
Total support	$341,442
Public support	$341,442
Subtotal	$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$0
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975	$0
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income	$0

Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review

Would you recommend Karatek International to others? (optional)

Yes

Add photo of Karatek International (optional)

About You

Your nickname:
I have read, and agree to the Terms of Service

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

	Log in» \| Register - it's free and very quick!
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
	Show my IP address (3.138.200.xxx) to everybody
	Leave your signature» Clear Make my signature public

Recently Added Reviews
South Beach Christian Outreach in Westport, WA
Impact Ministries With The Michalskis in Redmond, WA
Hoarding Project in Tacoma, WA
Sustainable Ne Seattle in Seattle, WA
Ray Hickey Foundation in Vancouver, WA
Percie Road Water Association in Custer, WA
Evergreen Empowerment Group in Tacoma, WA
Apple Valley T V Association in Wenatchee, WA
Bethel Church Of Richland Washington in Richland, WA
Pacific Parrot Placement in Gig Harbor, WA

Recently Added Reviews

South Beach Christian Outreach in Westport, WA

Impact Ministries With The Michalskis in Redmond, WA

Hoarding Project in Tacoma, WA

Sustainable Ne Seattle in Seattle, WA

Ray Hickey Foundation in Vancouver, WA

Percie Road Water Association in Custer, WA

Evergreen Empowerment Group in Tacoma, WA

Apple Valley T V Association in Wenatchee, WA

Bethel Church Of Richland Washington in Richland, WA

Pacific Parrot Placement in Gig Harbor, WA

Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Jfmc Facilities Corporation	30 South Wells No 4049, Chicago, IL 60606-5054	IL	1985-09	$22,945,444
2	Association Of Fundraising Professionals	100 West 10th Street, Wilmington, DE 19801	DE	1987-09	$76,158
3	Karatek International	3030 W Clearwater Ave Suite 220, Kennewick, WA 99336	WA	2009-04	$38,467
4	Funding Pool Inc, Fundingpool Com	225 Sw Broadway Ste 300, Portland, OR 97205-3700	OR	2001-06	$0

Number of organizations performing similar types of work

Delaware	1
Illinois	1

Oregon	1
Washington	1

Total

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Karatek International and has no official or unofficial affiliation with Karatek International